Wealthy Russians are pushing up London rental prices by paying an entire year's rent upfront - as stamp duty and the mansion tax scare buyers into becoming tenants

City A.M.: Wealthy tenants from Russia, Ukraine, Nigeria and China are pushing up high-end rents in the capital by paying for an entire year of tenancy upfront, a new study has suggested.

Full story: http://www.cityam.com/212753/wealthy-russians-are-pushing-london-rental-prices-paying-entire-years-rent-upfront-stamp-duty?